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Non-Destructive Testing (NDT) Market Share

  • Report ID: GMI3201
  • Published Date: Mar 2023
  • Report Format: PDF

Non-Destructive Testing Market Share

Some key players operating in the NDT service market are :

  • Zetec Inc.
  • TEAM Industrial Services
  • Bureau Veritas
  • Olympus Corporation and TUV Rheinland.

These firms are consistently expanding their businesses through marketing strategies such as launching new products and developing new products. To cite an instance, in June 2022, Applus+, a global leader in testing, inspection, and certification, introduced the RTD Rayscan technology to detect discontinuities throughout the validation process, demonstrating its capacity to detect faults consistently and reliably. Clients will be able to assess the tooling's competence and examination-performance capabilities using this technology.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of non-destructive testing (NDT) was worth more than USD 10 billion in 2022 and is projected to record growth at over 10% CAGR through 2032, propelled by the rising demand from industries dealing with aging infrastructure.

The eddy current testing technology segment was worth more than USD 1 billion in 2022 and is expected to grow significantly till 2032, driven by the growing adoption rate owing to its faster scanning speed and convenience of usage.

The Asia Pacific industry is poised to witness exponential growth at more than 10% CAGR from 2023 to 2032, owing to stringent safety regulations and widespread industrial standardization.s

Zetec Inc., TEAM Industrial Services, Bureau Veritas, Olympus Corporation, and TUV Rheinland, among others are some of the top players in the market.

Non-Destructive Testing Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 460
  • Countries covered: 19
  • Pages: 300
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